The Accra High Court will on July 8, this year, rule on a submission of “no case” filed by the Founder of the defunct Capital Bank, William Ato Essien, and three others accused of stealing depositors’ funds leading to the collapse of the bank. The other accused persons are the then Managing Director of the […]
Tag: William Ato Essien
‘’We’ve started bringing perpetrators of the Banking Sector crisis to justice’’-Prez Akufo-Addo
President Nana Addo Dankwa Akufo-Addo has said government has in earnest initiated steps to bring the perpetrators of the Banking sector crisis to justice. BestNewsGH.com can confirm the President as saying one case is already in court and that if Prima Facie evidence of criminality is found in the other ongoing investigations, the perpetrators of […]
Ato Essien, 3 others charged with collapse of Capital Bank
Ato Essien, CEO of defunct Capital Bank has been arraigned before the High Court by the Republic over the role he played which led to the collapse of the bank, ABC News can report. The suit filed by the State is against Ato Essien and three other officials of the defunct bank, Fitzgerald Odonkor, Tetteh Nettey, and […]
Mensa Otabil possessed extraordinary acumen in banking issues – Ato Essien
Former Chief Executive Officer (CEO) of defunct Capital Bank, William Ato Essien has mounted a spirited defense for the integrity of Pastor Mensa Otabil, former Board Chairman of the bank and founder of International Central Gospel Church (ICGC) stating that he was a gem when it comes issues about banking. He vouches for his suitability […]
Capital Bank collapse: Otabil, ICGC, 13 others sued for ‘serious financial loss’
Popular pastor, Mensa Otabil, and his church International Central Gospel Church are among 15 shareholders and directors of defunct Capital Bank sued over the collapse of the bank in 2017. The Plaintiffs Messrs Vish Ashiagbor and Eric Nana Nipah from PricewaterhouseCoopers say the bank’s collapse was a “direct result’ of defendants’” “‘misgovernance” and “willful” breaches of banking […]